FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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2.28% 56,906 Clients
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
IDBI Capital account opening charges are Rs 500 for a trading account and NIL for Demat account. IDBI Capital charge Rs 450 AMC for Demat account.
Transaction | Charges |
---|---|
Trading Account Opening Charges | Rs 500 |
Account AMC Charges | NIL |
Demat Account Opening Charges | NIL |
Demat AMC (Yealy) | Rs 450 |
Incorporated in December 1993, Mumbai based IDBI Capital is a full-service stockbroker and financial services company. It is a wholly owned subsidiary of IDBI Bank Ltd. The company is a member of BSE, NSE, and MCX. IDBI Capital offers its services online as well as through its 19 branch offices spread across 14 cities in the country.
Being a full-service broker, IDBI Capital also offers research services to its customers. The company has a dedicated research team known for its solid technical and fundamental research. The team publishes a range of reports on Equities, Equity SIP, Derivatives and Investment Guide etc. It also recommends technical and fundamental stock picks regularly to its customers.
Key Facts about IDBI Capital
Products Offered by IDBI Capital Financial Services
IDBI Capital Account Opening
Opening an account with IDBI Capital is easy and quick. You could open an account with IDBI Capital in 3 simple ways:
IDBI has an instant paperless account opening process. To open an instant IDBI Capital trading & demat account, you need-
Steps to open instant account are-
IDBI Capital has 19 branches located across 14 major cities. You could visit any of these branch offices and complete the account opening process.
To download the trading and demat account opening form from the company's website, you need to take the following steps-
Check Account Opening Status
The instant paperless account will be opened in 15 minutes. In case, you have applied offline through a physical form and you have not received any communication from the company after 15 days of submitting the application, please call customer services or visit your nearby branch to check the account opening status.
Account Opening PDF Forms
IDBI Capital offers instant account opening service. If for some reason you are unable to open an account online then you can download the PDF account opening form from the company's website and send it to the company's registered address or submit it at the branch office.
IDBI Capital Account Opening PDF Forms can be downloaded by taking the following steps-
IDBI Capital Account Closure Form
IDBI Capital offers a 3-in-1 account wherein trading, demat, and bank accounts are linked together. If for some reason, you wish to close these accounts, then you can do it anytime.
Before you initiate the account closure process, please make sure to:
The account closure process needs to be done offline. You cannot close the account online or through email and calls.
Steps to close IDBI Capital Demat account
Once you have submitted the account closure form, please follow-up with the customer support, in case you do not get confirmation in 15 days.
The online paperless account can be opened instantly in 15 minutes. For an offline paper-based application, it takes 7 working days from the date of receipt of the form to activate the account.
IDBI offers a 3-in-1 account, where a Trading account, Demat account, and Savings account are linked together. You would need the following things to open an account:
Once the account is opened, you will receive a 'Welcome Kit' which would include your DEMAT and Trading Account number.
No, you don't need to maintain a minimum balance in your trading account. You can manage funds in your trading account as per your needs.
To make the necessary changes, visit your nearest IDBI Capital branch and get the details updated. You can also email customer support to get details like address, phone number etc., updated. You may be asked to submit documents for some changes like address, bank account etc.
To appoint a nominee, you need to take the following steps-
IDBI Capital offers a 3-in-1 account wherein trading, demat, and bank accounts are linked together. If for some reason, you wish to close these accounts, then you can do it anytime. The account closing is a little tedious process in compare to account opening. The main difference between both the processes is when someone tries to open an account then broker continuously follows with them but during the account closure process, a person needs to follow with the broker to get their work done. But keeping unused account also doesn't make any sense as demat account attracts annual maintenance fees. So it's advisable to close all your unused or zero balance account.
In case if you do not get any confirmation in 2 weeks, follow up with the customer support
The account closure process needs to be done offline. It cannot be done via email or phone.
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Information on this page was last updated on Friday, November 17, 2023
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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